Theatre Rich List: Mackintosh tops London Theatre rich list
Sir Cameron Mackintosh, producer and West End theatre owner, has held his top position on the 2012 Sunday Times Rich List based on influencers in UK theatre.
With a fortune estimated at £725 million, up £50m on last year, Mackintosh keeps his Number One position in the theatre list, and 108 in the overall list of Britain’s 1,000 wealthiest people.
The producer is currently working on a big screen adaptation of his most successful musical, Les Miserables, starring Hugh Jackman, Russell Crowe, Anne Hathaway and a who’s who of West End stars in smaller roles. His production of Andrew Lloyd Webber’s The Phantom of the Opera celebrated its 25th anniversary last year and continues to do good business at Her Majesty’s Theatre. His theatre venue business, Delfont Mackintosh, owns 7 West End theatres including the Prince of Wales’ Theatre and Prince Edward.
Andrew Lloyd Webber, in the number two spot, has slipped by £90m to an estimated fortune of £590m. The composer and theatre owner announced last month that he is selling his Palace Theatre, currently home to Singin’ in the Rain, to Nimax Theatres.
At number three we have added Simon Fuller, the entertainment mogul who has made his fortune from the Pop Idol format and also managing pop acts such as the Spice Girls. He is working with Mamma Mia! theatre producer Judy Craymer (see 10) on the new Spice Girls musical Viva Forever!
At five, we have included Daniel Ek. Whilst the Swedish software programmer has no direct connection to London Theatre, his Spotify company is revolutionising the way we listen to music, which includes the way we consume theatre soundtracks and music from West End performers (see our new Free Music section).
Tim Rice comes in at number six with £144m. Rice was honoured this month by the Society of London Theatre with a special Olivier Award for his contribution to theatre. His musicals Evita and Jesus Christ Superstar have both recently opened in new revivals on Broadway, and Lloyd Webber plans another TV talent show later this year to cast a new arena production of Jesus Christ Superstar.
The influence of rock group Queen continues to extend across the theatre rich list, with their musical We Will Rock You about to celebrate its 10th birthday on 14 May 2012 at the Dominion Theatre – and with Brian May, Roger Taylor and John Deacon all appearing in the list.
The Rich List is in contrast to The Stage newspaper’s annual list of the 100 most powerful people in UK theatre, which pegs Ambassador Theatre Group’s Howard Panter and Rosemary Squire in the top spot, and Andrew Lloyd Webber and Cameron Mackintosh in joint fourth place.
LONDON THEATRE RICH LIST
1. Cameron Mackintosh – £725m
2. Andrew Lloyd Webber – £590m
3. Simon Fuller – £375m
4. Elton John – £220m
5. Daniel Ek – £190m
6. Tim Rice – £144m
7. Brian May – £90m
8. Roger Taylor – £85m
9. John Deacon – £70m
10. Judy Craymer – £63m
30 April 2012